Department of Accounting, 2009

Abstract

The research was a study to the farmacy company listed in Indonesia Stock Exchange titled: ?Analysis of Financial Ratio to Determine the Financial Performance at Farmacy Company Listed in Indonesia Stock Exchange? The research aimed to find out the company financial performance in 2005 to 2008 according to the history financial data from farmacy company listed in Indonesia Stock Exchange. Analytical tool used to find out the financial performance of farmacy manufacture company analyzed by financial ratio and ratio analysis consisted of liquidity, profitability, activity ratio and solvability ratio in time series. Calculation with liquidity ratio analysis, PT. Merck Tbk owed the highest liquidity, while PT. Kalbe Farma (Persero) tbk owed the lowest liquidity. Calculation with solvability ratio analysis showed that PT. Tempo Scan Pacific Indonesia Tbk owed the lowest solvability level, while PT. Pyridam Farma Tbk. Owed the highest solvability level From above analysis, farmacy company owed good financial performance ratio was PT. Bristol-Myers Squibb Indonesia Tbk. Financial performance said to be better since the liquidity ratio and profitability ratio had increased which means that the company could push the primary selling price influenced the selling profit. According to above conclusion, the writer implied that the company owed the best performance hoped to defend their performance stability with directed progress each year.